Real Estate
Guam’s Largest Workforce Housing Complex Opens: Ukudu Workforce Village Remains Scalable as Military Buildup Stays Fluid
Written by SHARLA TORRE MONTVEL-COHEN   
Friday, September 09, 2011

GUAM – Guam's largest housing solution to accommodate thousands of temporary workers arriving in the coming years to support a multi-billion dollar expansion of U.S. military facilities is ready to receive its first few hundred tenants.

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Despite Very Real Short Term Challenges, Experts Still See Growth for Guam Residential Real Estate in Long Run, Military Expansion Seen as Critical
Written by SHARLA TORRE MONTVEL-COHEN   
Thursday, September 01, 2011

Editor's Note: This story first broke over the weekend in the Guam Buildup News e-newsletter and is made available now at the web site.

GUAM – Even as the market for residential real estate turned soft in the second quarter this year and has remained so going into the third quarter, Guam's overall market continues to recover and investors remain focused on the medium and long term, experts say.

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Guam Real Estate Market Readies for ‘Virtually Guaranteed’ Growth Spurred by Military Buildup, Experts Say
Written by FRANK WHITMAN   
Tuesday, July 12, 2011

GUAM – The military buildup helped drag Guam's real estate market out of a decade-long slump and start a long-term growth trend, although the size, shape and speed of the growth are as hard to predict as the form of the buildup itself, according to Nicholas Captain, president of Captain, Hutapea & Associates real estate brokerage.

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Surge of Temporary Housing Planned for Guam Military Buildup Spurs Quandaries and Innovation Among Island Real Estate Developers
Written by ADAM BROWN   
Friday, June 03, 2011

GUAM – With workforce housing plans approved for 6,900 temporary workers and more on the way, it's increasingly uncertain how the addition to the supply of buildings during the military buildup on Guam may affect the island real estate market – or whether it can lead to profit, according to The Real Estate Professionals.
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Contractors Benefit From Opening Island Offices Before Prime Guam Real Estate Grows Scarce Amid Military Buildup
Written by ADAM BROWN   
Monday, May 23, 2011

GUAM – Contractors who aim to win work on the Guam military buildup in coming years may benefit by setting up a presence on the island soon, before competitors scour the island for high-profile office space, executive housing, warehouses and other properties, according to The Real Estate Professionals.

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EXCLUSIVE NEWS ANALYSIS: Military Buildup to Raise Quality and Price of Guam Real Estate in Coming Years, Drive Some Old Homes Off Market
Written by ADAM BROWN   
Wednesday, May 18, 2011

GUAM – Increasing investment, rising costs of land and materials and an influx of buyers and renters in coming years will raise standards of home construction on Guam, boosting prices and making some older homes obsolete, according to The Real Estate Professionals.

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Betting on Guam Real Estate Amid Military Buildup Needs Strategy for ‘Rising Development Costs’ and ‘Staying Power’
Written by ADAM BROWN   
Tuesday, May 10, 2011

GUAM – While the Guam military buildup is certain to bring changes to the real estate market, many technical aspects of the transfer of the U.S. Marines from Okinawa are still uncertain and may affect the island market, according to Chris Murphy, owner and principal broker of The Real Estate Professionals.
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Another 2,016 Workforce Housing Units for Guam Military Buildup Approved, Raises Total Supply to Over 6,900 – Excluding Younex’s 18,000 Unit 'Ukudu Village'; 6,400 More Units Still Pending Review
Written by SHARLA TORRE MONTVEL-COHEN   
Thursday, May 05, 2011

GUAM – The Guam Land Use Commission approved local attorney Cesar Cabot's application to build workforce housing that would accommodate 2,016 workers in Dededo.

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